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Author Question: Factors affecting the price elasticity of demand include all of these EXCEPT: a. percentage of the ... (Read 62 times)

Mollykgkg

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on: Jul 1, 2018
Factors affecting the price elasticity of demand include all of these EXCEPT:
 a. percentage of the consumer's budget
  b. the availability and closeness of substitutes
 c. positioning as income inferior
 d. time period of adjustment
 e. all of the above affect the price elasticity of demand

Question 2

Managers of profit centers are usually given a lot of discretion because
 a. They always do an excellent job
 b. The company can never judge their performance
 c. The company has a clear performance evaluation metric
  d. They rarely ever do a good job


sailorcrescent

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Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

c


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